Watch out for these penny stocks locked in the upper circuit on October 06

Sensex and Nifty have started on a positive note, with gains of 0.21 per cent for Sensex and 0.23 per cent for Nifty.

Market at 09:50 AM, In the latest market opening, both the Sensex and Nifty have started on a positive note, with gains of 0.21 per cent for Sensex and 0.23 per cent for Nifty. Furthermore, BANK NIFTY soared 0.14 per cent and FINNIFTY surged 0.30 per cent.

Additionally, Nifty Mid-Cap has opened higher by 0.41 per cent, while Nifty Small-Cap has also commenced with a 0.29 per cent gain.

Moreover, there has been a notable 1.10 per cent decrease in India VIX, which indicates a reduction in market volatility. This decrease in market volatility can suggest that investors are more confident and less concerned about sudden price swings.

Among the various sectors, Nifty Realty, Nifty Metal, and Nifty Pharma are leading the gainers, suggesting that these sectors are performing well at the moment. However, Nifty PSU Bank is the sole major sector trading in negative territory, indicating some weakness in the public sector banking space.

Prominent gainers among individual stocks include Bajaj Finserv, Adani Enterprises, and Titan, which have seen their share prices rise. On the other hand, L&T, Hindustan Unilever, and Bharti Airtel are among the Top Losers within the Nifty 50, with their share prices experiencing declines.

Overall, the broader market sentiment remains optimistic, with 1892 stocks advancing compared to 876 stocks declining. This positive breadth suggests that a majority of stocks are currently experiencing gains, indicating a positive outlook among investors in the market.

Following is the list of Penny Stock that got locked in the upper circuit on October 06, 2023:

Investors should keep an eye on these Penny Stocks.

Disclaimer: The article is for informational purposes only and not investment advice.